Parus Business Centre
Encyclopedia
The Parus Business Centre is a 34-story class-A office building in Kiev
Kiev
Kiev or Kyiv is the capital and the largest city of Ukraine, located in the north central part of the country on the Dnieper River. The population as of the 2001 census was 2,611,300. However, higher numbers have been cited in the press....

, the capital of Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...

. It is located at the very centre of the city, between Mechnikova St. and Lesi Ukrainky Blvd. (municipal address: 2, Mechnikova St.) and is currently the second highest building in the country.

Construction of the building began in 2004, and ended in February 2007. Apart from its main office use 50400 m² (542,501.1 sq ft), the property features some 2400 m² (25,833.4 sq ft) of retail space and around 2700 m² (29,062.6 sq ft) of cafes and restaurants. There is also a 4-story underground parking garage with a capacity for 300 cars.

While still on the construction stage, the project was also known as "Elsburg Plaza" , but was later renamed to "Parus" (literally translated as "sail
Sail
A sail is any type of surface intended to move a vessel, vehicle or rotor by being placed in a wind—in essence a propulsion wing. Sails are used in sailing.-History of sails:...

"
) ostensibly because of building's oval-like shape, resembling sail of a ship.

In July 2008, Kontrakty, Ukrainian business weekly, rated top 10 most expensive offices in Kiev. Parus was top of the chart in terms of annual rental income, which stood at some $50 million.

Major tenants at Parus include Concorde Capital, an investment bank; TNK-BP
TNK-BP
TNK-BP is a major vertically integrated Russian oil company. It is Russia's third largest oil producer and among the ten largest private oil companies in the world. TNK-BP is Russia's third largest oil company in terms of reserves and crude oil production...

, an oil company; Olimp, Ukrainian spirits company; Delin Development, a real estate development company; Interpipe, steel pipes producer and others. Colliers International
Colliers International
Colliers International is a global commercial real estate services organization with approximately 12,500 professionals in more than 500 offices in 61 countries....

, a commercial real estate services company, was an exclusive leasing agent for Parus.

Parus was developed and is owned by "Mandaryn Plaza Ltd." , a joint-stock company, prominent for its homonymous high-end shopping center in the center of Kiev. In September 2007, Dmytro Firtash
Dmytro Firtash
Dmytro Firtash is a Ukrainian businessman and billionaire .Firtash first steps in business where in in the food industry in the early 1990s before moving into gas trading....

, a Ukrainian businessman, bought a 50% stake in Mandaryn Plaza Ltd. through his company Heritage Properties International AB.
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